Houston Wire: 2Q Earnings Snapshot
HOUSTON (AP) _ Houston Wire & Cable Co. (HWCC) on Thursday reported second-quarter profit of $1.6 million.
The Houston-based company said it had net income of 10 cents per share.
The specialty wire and cable distributor posted revenue of $85.3 million in the period.
The company’s shares closed at $4.35. A year ago, they were trading at $7.90.